Lam Research's total inventories for the quarter that ended in Mar. 2026 was $4,000 Mil. Lam Research's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $4,019 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lam Research's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-0.29.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lam Research's Days Inventory for the
three
months ended in Mar. 2026 was 125.12.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Lam Research's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.73.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Lam Research's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.69.
Lam Research (NAS:LRCX) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
Lam Research's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is
4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Lam Research's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Lam Research Total Inventories Related Terms
Lam Research Total Inventories Historical Data
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The historical data trend for Lam Research's Total Inventories can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
Lam Research (LRCX) has a Total Inventories of $4,000 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Lam Research and its competitors.
Is Lam Research's Total Inventories too high?
Lam Research's current Total Inventories is $4,000 Mil. Overall, Lam Research has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lam Research's Total Inventories compare to AMAT and KLAC?
Lam Research's Total Inventories of $4,000 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Semiconductors company?
A good Total Inventories depends on the Semiconductors industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Lam Research and its competitors. Lam Research's current Total Inventories is $4,000 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lam Research stock overvalued right now?
Based on GuruFocus' analysis, Lam Research (LRCX) is currently considered Significantly Overvalued. The stock's GF Value™ is $130.59, compared to a current price of $379.09 — trading 190.3% above its estimated fair value. The current Total Inventories is $4,000 Mil. Lam Research's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Lam Research (LRCX), the current Total Inventories is $4,000 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lam Research (LRCX) Overvalued in 2026?
Based on GuruFocus' analysis, Lam Research stock appears to be overvalued.
The current stock price of $379.09 is trading 190.3% above its estimated GF Value™ of $130.59.
GuruFocus considers Lam Research to be Significantly Overvalued.
Key valuation signals for LRCX:
Total Inventories: $4,000 Mil
GF Value™: $130.59 vs. price of $379.09 (190.3% above fair value)
No single metric tells the full story. See the LRCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lam Research is one of the largest semiconductor wafer fabrication equipment manufacturers in the world. It specializes in deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
85GF Score
Get the complete analysis for LRCX
Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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